Alang ship breaking activity shrinks almost 50% in Q4 FY17

Saturday, April 15, 2017, 10:44 PM

Rising competition from Pakistan and Bangladesh has led to a decline in ship breaking activity at Alang, Gujarat, by almost 50% during the fourth quarter of financial year 2016-17. Only 64 ships have arrived for breaking between January and March 2017, as against 120 in the corresponding period in 2016.